F. The book cost less net salvage of depreciable electric plant retired shall be charged in its entirety to account 108. Standing watch, guarding and patrolling station and station yard. 2. In addition, the account shall include the net settlements for transactions under pooling or interconnection agreements wherein there is a balancing of debits and credits for energy, capacity, etc. 553 Maintenance of generating and electric equipment (Major only). 561.5 Reliability planning and standards development. Inlet flange of throttle valve on prime mover. 210 Gain on resale or cancellation of reacquired capital stock (Major only). Foundations and settings, especially constructed for and not expected to outlast the apparatus for which provided. (See operating expense instruction 2.). 17. Electric system, including conductors control system, transformers, lighting fixtures, etc. Preparing, mailing, or delivering delinquent notices and preparing reports of delinquent accounts. Keeping plant log and records and preparing reports on plant operations. (See electric plant instruction 8.). 9. 8. 
2. Net cost of installing, maintaining, and removing temporary facilities to prevent interruptions in service. Such special deposits may include cash deposited with federal, state, or municipal authorities as a guaranty for the fulfillment of obligations; cash deposited with trustees to be held until mortgaged property sold, destroyed, or otherwise disposed of is replaced; cash realized from the sale of the accounting utility's securities and deposited with trustees to be held until invested in property of the utility, etc. Lead and fabric covered conductors, including insulators, compound filled, oil filled, or vacuum splices, potheads, etc. If any part of the cost of public improvements is included in the general tax levy, the amount thereof shall be charged to the appropriate tax account. ), This account shall include the cost of labor, materials used and expenses incurred in the maintenance of reactor plant, the book cost of which is includible in account 322, Reactor Plant Equipment. Cooling system, including towers, pumps, tank, and piping.
), This account shall include the cost of labor, materials used and expenses incurred in maintenance of miscellaneous steam generation plant, the book cost of which is includible in account 316, Miscellaneous Power Plant Equipment. Inspecting and testing lightning arresters, circuit breakers, switches and grounds. 13, entered November 20, 1922, prescribing said system of accounts, was rescinded effective January 1, 1937. The amortization shall be on a monthly basis, and amounts thereof relating to discount and expense shall be charged to account 428, Amortization of Debt Discount and Expense. 8. Station buses, including main, auxiliary, transfer, synchronizing and fault ground buses, including oil circuit breakers and accessories, disconnecting switches and accessories, operating mechanisms and interlocks, reactors and accessories, voltage regulators and accessories, compensators, resistors, starting transformers, current transformers, potential transformers, protective relays, storage batteries and charging equipment, isolated panels and equipment, conductors and conduit, special supports, special housings, concrete pads, general station grounding system, fire-extinguishing system, and test equipment. C. Minor buildings and structures, such as valve towers, patrolmen's towers, telephone stations, fish and wildlife, and recreation facilities, etc., which are used directly in connection with or form a part of a reservoir, dam, waterway, etc., shall be considered a part of the facility in connection with which constructed or operated and the cost thereof accounted for accordingly. 18. Sweeping, mopping and tidying station. 26.
Work of the following character on services: This account shall include the cost of labor, materials used and expenses incurred in maintenance of distribution line transformers, the book cost of which is includible in account 368, Line Transformers. Commission on sale or distribution of electricity of others when sold under rates filed by such others. The amounts so amortized shall be charged to account 428.1, Amortization of Loss on Reacquired Debt, or credited to account 429.1, Amortization of Gain on Reacquired Debt - Credit, as appropriate. 3. Janitorial work at transmission office buildings, including care of grounds, snow removal, cutting grass, etc. This account shall also include the costs incurred to manage the real-time deployment of resources to meet generation needs and to provide capacity adequacy verification. Generator hydrogen, gas piping and detrainment equipment. 9. 517 Operation supervision and engineering (Major only). D. For Major utilities, records in support of this account shall be so kept that the total pensions expense, the total benefits expense, the administrative expenses included herein, and the amounts of pensions and benefits expenses transferred to construction or other accounts will be readily available. Do not include in this account transformers and other equipment used for changing the voltage or frequency of electricity for the purpose of transmission or distribution. 531 Maintenance of electric plant (Major only). 14. Include in a separate subaccount revenues in payment for rights and/or benefits received from others which are realized through research, development, and demonstration ventures. Supplies and expenses pertaining to demonstrations, exhibits, lectures, and other programs. 18. Income taxes on gains recorded in this account shall be recorded in account 409.2, Income Taxes, Other Income and Deductions. 11. This account shall be charged with the cost of all expenditures coming within the meaning of Research, Development and Demonstration (RD & D) of this uniform system of accounts (see definition 27.B. The records supporting this account shall show, by months, the kilowatt hours and prices thereof under each purchase contract and the charges and credits under each exchange or power pooling contract. Income taxes relating to losses, recorded in this account shall be recorded in account 409.1, Income Taxes, Utility Operating Income. General clerical and stenographic work. Roads, including grading, surfacing, culverts, etc. When authorized or directed by the Commission, this account shall include extraordinary losses, which could not reasonably have been anticipated and which are not covered by insurance or other provisions, such as unforeseen damages to property. Hollow-core oil-filled cable, including straight or stop joints, pressure tanks, auxiliary air tanks, feeding tanks, terminals, potheads and connections, etc. General records of physical characteristics of lines and stations, such as capacities, etc. These accounts shall include the amounts of ad valorem, gross revenue or gross receipts taxes, state unemployment insurance, franchise taxes, Federal excise taxes, social security taxes, and all other taxes assessed by Federal, state, county, municipal, or other local governmental authorities, except income taxes. The costs recognized as a result of asset retirement obligations incurred during the construction and testing of utility plant shall constitute a component of construction costs. 5. C. When a utility designates a derivative instrument as a fair value hedge it shall record the change in the fair value of the derivative instrument in this account with a concurrent charge to a subaccount of the asset or liability that carries the item being hedged. Office supplies, printing and station- ery. This account shall be credited for the amount of the liabilities for asset retirement obligations with amounts charged to the appropriate electric utility plant accounts or nonutility plant account to record the related asset retirement costs. Operating supplies, such as lubricants, commutator brushes, water, and rubber goods. 409.1 Income taxes, utility operating income. This account shall include the cost of land and land rights used in connection with nuclear power generation. When properly executed stock certificates have been issued representing the shares subscribed, this account shall be debited, and the appropriate capital stock account credited, with the par or stated value of such stock. Exclude also all institutional or goodwill advertising. 8. This account shall be debited and account 120.5, Accumulated Provision for Amortization of Nuclear Fuel Assemblies, credited for the amortization of the net cost of nuclear fuel assemblies used in the production of energy. 19. If the service life of the improvements is terminable by action of the lease, the cost, less net salvage, of the improvements shall be spread over the life of the lease by charges to account 404, Amortization of Limited-Term Electric Plant. Miscellaneous supplies, such as hand tools, drills, saw blades, files, etc. The amount recognized for the liability and an associated asset retirement cost shall be stated at the fair value of the asset retirement obligation in the period in which the obligation is incurred. 18. This account shall be charged for accretion expense on the liabilities associated with asset retirement obligations included in account 230, Asset retirement obligations, related to electric utility plant.
If such cost rate is not available, the average rate actually earned during the preceding three years shall be used. (21) Asset retirement costs. 24. B. Receiving, preparing, recording and handling routine orders for service, disconnections, transfers or meter tests initiated by the customer, excluding the cost of carrying out such orders, which is chargeable to the account appropriate for the work called for by such orders. A derivative instrument is a financial instrument or other contract with all of the following characteristics: (1) It has one or more underlyings and a notional amount or payment provision. B. Include, also, offsetting credits for any other charges made to operating expenses for which there is no direct money outlay. A. A. 9. Such motors shall be included in the account in which the equipment with which it is associated is included. Adjusting station equipment where such adjustment primarily affects performance, such as regulating the flow of cooling water, adjusting current in fields of a machine, changing voltage of regulators or changing station transformer taps. This account shall include rents of property of others used, occupied, or operated in connection with the transmission system, including payments to the United States and others for use of public or private lands and reservations for transmission line rights of way. 561.2 Load Dispatch - Monitor and Operate Transmission System. Underlying accounting data shall be maintained so that the distribution of the cost of labor charged direct to the various accounts will be readily available. 2. Classification of electric plant at effective date of system of accounts (Major utilities). B. 15. 8. Sweeping, mopping, and tidying station. 5. 4. g. Relocating crossarms, racks, brackets, and other fixtures on poles. 28. Account 426, other deductions, shall be debited or credited as appropriate with the corresponding amount of the change in the fair value of the derivative instrument. d. Repairing line oil circuit breakers and associated relays and control wiring. 3. Those terms determine the amount of the settlement or settlements, and, in some cases, whether or not a settlement is required. This account shall include the cost of land and land rights used in connection with steam-power generation. Retaining walls unless identified with structures. Tanks for storage of oil, gasoline, etc. Operating supplies, such as lubricants, commutator brushes, water, and rubber goods. 4. Work Order and Property Record System Required. 905 Miscellaneous customer accounts expenses (Major only). 403.1 Depreciation expense for asset retirement costs. Testing, checking, and adjusting meters, gauges and other instruments in boiler plant. 14. Topographical maps (Major Utilities). Where comprehensive interperiod tax allocation accounting is not practiced the utility shall include as a note to each financial statement, prepared for public use, a footnote explanation setting forth the utility's accounting policies with respect to interperiod tax allocation and describing the treatment for ratemaking purposes of the tax timing differences by regulatory authorities having rate jurisdiction. For Major utilities, this account shall include the cost of labor, materials used and expenses incurred in: (a) The operation of street lighting and signal system plant which is owned or leased by the utility; and (b) the operation and maintenance of such plant owned by customers where such work is done regularly as a part of the street lighting and signal system service. C. For Nonmajor utilities, inventories of materials, supplies, fuel, etc., shall be taken at least annually and the necessary adjustments shall be made to bring this account into agreement with the actual inventories. Exclude from equipment accounts hand and other portable tools, which are likely to be lost or stolen or which have relatively small value (for example, $500 or less) or short life, unless the correctness of the accounting therefor as electric plant is verified by current inventories. 7. B. 2. 12. C. The detailed electric plant accounts (301 to 399, inclusive) shall be stated on the basis of cost to the utility of plant constructed by it and the original cost, estimated if not known, of plant acquired as an operating unit or system. This account shall include the amount of dividends which have been declared but not paid. Accounting for other comprehensive income. f. Refireproofing cables and repairing supports. 9. These accounts shall include the amounts of local, state and Federal income taxes on income properly accruable during the period covered by the income statement to meet the actual liability for such taxes. Operating prime movers, generators and auxiliary apparatus and switching and other electric equipment. This account shall include the fees and expenses of professional consultants and others for general services which are not applicable to a particular operating function or to other accounts.
This account shall include revenues derived from the sale of water for irrigation, domestic, industrial or other uses, or for the development by others of water power, or for headwater benefits; also, revenues derived from furnishing water power for mechanical purposes when the investment in the property used in supplying such water or water power is carried as electric plant in service. This account shall include the cost installed of overhead conductors and devices used for transmission purposes. 123.1 Investment in subsidiary companies (Major only). This account shall include all amounts payable by the utility within one year, which are not provided for in other accounts. The cost of eligible allowances not used in the current year shall be transferred to the vintage for the immediately following year. Work of the following character on overhead conductors and devices: a. 119 Accumulated provision for depreciation and amortization of other utility plant.
(See Operating Expense Instruction 4.) The account shall include the cost of labor, materials used and expenses incurred in the maintenance of computer hardware used in market administration and monitoring. 2. 15. Work of the following character on underground conductors and devices: c. Retraining and reconnecting cables in manhole including transfer of cables from one duct to another. E. The utility is restricted in its use of this account to the purposes set forth above. 8. 173 Accrued utility revenues (Major only). There shall be shown under this caption the total amount included in the electric operating revenue accounts provided herein. Membership fees and dues in trade, technical, and professional associations paid by a utility for employees. Preparing or reviewing budgets, estimates, and drawings relating to operation or maintenance for departmental approval. 922 Administrative expenses transferred - Credit. Station maintenance equipment, including lathes, shapers, planers, drill presses, hydraulic presses, grinders, etc., with motors, shafting, hangers, pulleys, etc. For periods subsequent to the initial recording of the asset retirement obligation, a utility shall recognize the period to period changes of the asset retirement obligation that result from the passage of time due to the accretion of the liability and any subsequent measurement changes to the initial liability for the legal obligation recorded in account 230, Asset retirement obligations, as follows: (1) The utility shall record the accretion of the liability by debiting account 411.10, Accretion expense, for electric utility plant, account 413, Expenses of electric plant leased to others, for electric plant leased to others, and account 421, Miscellaneous nonoperating income, for nonutility plant and crediting account 230, Asset retirement obligations; and. I. 2. This account shall include the book cost of investments in securities issued or assumed by nonassociated companies, investment advances to such companies, and any investments not accounted for elsewhere. ), B. 25. This account shall be subdivided to show the provision applicable to the following classes of accounts receivable: Accretions to this account shall not be made in excess of a reasonable provision against losses of the character provided for. (See electric plant instruction 7. a. 11. 7. F. When electric plant constituting an operating unit or system is sold, conveyed, or transferred to another by sale, merger, consolidation, or otherwise, the book cost of the property sold or transferred to another shall be credited to the appropriate utility plant accounts, including amounts carried in account 114, Electric Plant Acquisition Adjustments. 12. B. B. Meter Expenses and station records chargeable to account 582, Station Expenses (For Nonmajor utilities, account 581.1, Line and Station Expenses), and stores records (For Nonmajor utilities, station records) chargeable to account 163, Stores Expense Undistributed (For Nonmajor utilities, account 581.1, Line and Station Expenses). This account shall include the cost of labor, materials used and expenses incurred in the maintenance of communication equipment used in market administration and monitoring. 9. Developing criteria and certification procedures for reliability authorities, transmission operators and others. No charges other than as provided in paragraph A, above, shall be made to this account, but retirements of such unclassified electric plant shall be credited hereto and to the supporting (old) fixed capital accounts until the reclassification shall have been accomplished. 437 Dividends declared - preferred stock. Conduit, including concrete and iron duct runs not a part of a building. B. Rearranging and changing the location of plant not retired. 2. This account shall be credited with gains of unusual nature and infrequent occurrence, which would significantly distort the current year's income computed before Extraordinary Items, if reported other than as extraordinary items. B. 12. Research, development, and demonstration expenses. (For Major utilities, see operating expense instruction 1.). This account shall include all credit tax deferrals resulting from the adoption of the principles of comprehensive interperiod income tax allocation described in General Instruction 18 of this system of accounts other than those deferrals which are includible in Accounts 281, Accumulated Deferred Income Taxes - Accelerated Amortization Property and 282, Accumulated Deferred Income Taxes - Other Property. C. For Major utilities, the records supporting the entries for overhead construction costs shall be so kept as to show the total amount of each overhead for each year, the nature and amount of each overhead expenditure charged to each construction work order and to each electric plant account, and the bases of distribution of such costs. 573 Maintenance of miscellaneous transmission plant (Major only). B. D. Issuances from inventory from inventory included in Account 158.1 and Account 158.2 shall be accounted for on a vintage basis using a monthly weighted-average method of cost determination. A. Generator main connections, including oil circuit breakers and accessories, disconnecting switches and accessories, operating mechanisms and interlocks, current transformers, potential transformers, protective relays, isolated panels and equipment, conductors and conduit, special supports for generator main leads grounding switch, etc., special housings, protective screens, etc. This account shall include the cost installed of poles, towers, and appurtenant fixtures used for supporting overhead distribution conductors and service wires. 22. A complete record of securities pledged shall be maintained. Use of deferral or nondeferral accounting procedures adopted for nonelectric utility or other operations are to be followed on a consistent basis. 7. Records shall be maintained so as to show the write-offs of account receivable for each utility department. 10. E. Account 158.1 shall be credited and Account 509, Allowances, debited so that the cost of the allowances to be remitted for the year is charged to expense monthly based on each month's emissions. Where expenses applicable to materials purchased cannot be directly assigned to particular purchases, they may be charged to a stores expense clearing account (account 163, Stores Expense Undistributed, in the case of Major utilities), and distributed therefrom to the appropriate account. First-aid supplies and safety equipment. Primary and secondary voltage connections, including bus runs and supports, insulators, potheads, lightning arresters, cable and wire runs from and to outdoor connections or to manholes and the associated regulators, reactors, resistors, surge arresters, and accessory equipment. This account shall include the cost of materials purchased primarily for use in the utility business for construction, operation and maintenance purposes. Athletic field structures and improvements. 4. 5. ), This account shall include the cost of labor, materials used and expenses incurred in maintenance of miscellaneous nuclear generating plant, the book cost of which is includible in account 325, Miscellaneous Power Plant Equipment. Amounts applicable to construction shall be charged to the appropriate plant account. 529 Maintenance of structures (Major only). 10. 54. A separate account with appropriate title, shall be kept for each fund. Where a regulatory authority or a group of regulatory authorities having prime rate jurisdiction over the utility specifically disallows the rate principle of amortizing gains or losses on reacquisition of long-term debt without refunding, and does not apply the gain or loss to reduce interest charges in computing the allowed rate of return for rate purposes, then the following alternate method may be used to account for gains or losses relating to reacquisition of long-term debt, with or without refunding. 6. Conduct operating training related to NERC certification, 5. Winding and inspection of time switch and other controls. G. Lighting or other fixtures temporarily attached to buildings for purposes of display or demonstration shall not be included in the cost of the building but in the appropriate equipment account. 1. Reactor fuel handling equipment, including manipulating and extraction tools, underwater viewing equipment, seal cutting and welding equipment, fuel transfer equipment and fuel disassembly machinery. Interest and dividends receivable from associated companies shall be included in account 146, Accounts receivable from associated companies. (See electric plant instruction 7. ), This account shall include the cost of labor, materials used and expenses incurred in the maintenance of electric plant, the book cost of which is includible in account 323, Turbogenerator Units, and account 324, Accessory Electric Equipment. Profit on sale of timber. A. 17. Include also the balance of accumulated provision for amortization on property when transferred to account 105, Electric Plant Held for Future Use, from other property accounts. Allowance for funds used during construction on that part of the cost of the plant which is incomplete may be continued as a charge to construction until such time as it is placed in operation or is ready for service, except as limited in item 17, above.